Recruit, Retain and Develop Our Workforce
Our business is only as good as our people, and at Entergy, we are fortunate to work with the best in the business. Our talent and performance management practices are closely aligned with our business strategy and are designed to recruit and retain a skilled workforce and to train, develop and promote individuals to achieve our business objectives. Talent and performance management supports organizational health improvement by emphasizing key leadership and employee practices. We have an integrated talent management system that helps manage recruiting, onboarding, performance management and succession planning. We use performance and talent management processes to help employees develop their capabilities, achieve career goals and contribute to the company’s goals and objectives. Our employee development strategy includes training and a variety of other resources to support developmental opportunities. We also engage with external partners to supplement employee development. In 2015, we completed an effort to align and standardize several key talent management processes, including goal setting, performance reviews, individual development plans, talent assessment and succession planning.
We continued to enhance our recruiting and development initiatives in 2015. For example, our transmission group recruited new engineering, project management and construction employees to support its growing number of infrastructure projects to enhance reliability and serve new customers. Recruiting efforts included targeting college recruiting at several universities and an Entergy Interview Day in New Orleans. Additionally, major training efforts are underway throughout the transmission group. A new transmission boot camp that provides craft training graduated 42 employees in 2015, its second year of operation. Graduates return to their home offices, where they begin on-the-job training and the certification process.
Competitive total compensation programs are also important to recruiting and retaining employees. In addition to salary and benefits, our comprehensive Total Rewards package gives eligible employees access to a defined contribution savings plan, with company matching and numerous investment options. Retirement plans allow employees to plan for their future. Health and welfare benefits include medical, dental and vision coverage options, as well as employee assistance, including work-life balance programs. Through our annual incentive pay plan, we reinforce high levels of individual and company performance through bonus programs for eligible employees, in addition to annual merit pay increases.
second year of operation. Graduates return to their home offices, where they begin on-the-job training and the certification process.
Entergy is committed to making transformative investments in public education in communities that we serve. We work with our partners toward specific targets and goals in each of our communities. In New Orleans, we have invested more than $10 million in charitable contributions and partnering with schools and nonprofits, educators and administrators to reduce the number of failing public high schools to none in 2015 from 38 percent in 2011. Despite this achievement, there is much work to do, but we continue to make progress. In Baton Rouge, we have embarked on a goal with our partners to create 12,000 high-quality slots for underserved students. The result has been the creation of the Baton Rouge, Achievement Zone. The first of four schools serving 2,000 was launched in 2014. In 2014, Entergy pledged $1 million in local match funds necessary to attract $3 million in national foundation funds to continue the work. Kindergartners who started at these schools were barely able to recognize 10 letters. More than half ended the school year reading at first-grade level.
Entergy received the “Champions of Student Success” award from City Year, a national educational organization, for our commitment to helping students and schools succeed.
Entergy earned an 85 percent rating on the 2016 Corporate Equality Index by the Human Rights Campaign Foundation, which ranked us in the top 20 of energy and utility companies surveyed.
Invested More than $15 Million
2015 Entergy Workforce
2015 Entergy Workforce
2015 Entergy Management
Based on EEQ-1 Code
2015 Entergy Workforce
U.S. Bureau of Labor Statistics
2015 average for U.S. utilities:
Female 22% / Male 78%